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Arabi Holding’s unit wins KWD 8.9m tender

Arabi Holding’s unit wins KWD 8.9m tender
The contract has duration period of 66 months (Photo Credit: Arabianeye-Reuters)
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Kuwait – Mubasher: Arabi Holding Group said that its subsidiary Arabi Enertech was awarded a tender worth KWD 8.9 million, according to a bourse statement issued Tuesday.

The contract has duration period of 66 months, the statement added.

A profit worth approximately KWD 266,000 will be generated from the tender and registered in the financial statements of the period from the fourth quarter of 2016 until the end of 2021.